Wenfeng Co., Ltd. announced that the company held a board of directors meeting on December 26, 2025 to review and approve the use of no more than 1 billion yuan of idle capital for entrustment financial management. The types of investment include highly secure and highly liquid wealth management products issued by financial institutions such as banks, securities companies, fund companies, etc. The investment period is from January 1 to December 31, 2026. This matter falls within the decision-making authority of the company's board of directors and does not need to be submitted to the shareholders' meeting for consideration.

Wenfeng Co., Ltd. announced that the company held a board of directors meeting on December 26, 2025 to review and approve the use of no more than 1 billion yuan of idle capital for entrustment financial management. The types of investment include highly secure and highly liquid wealth management products issued by financial institutions such as banks, securities companies, fund companies, etc. The investment period is from January 1 to December 31, 2026. This matter falls within the decision-making authority of the company's board of directors and does not need to be submitted to the shareholders' meeting for consideration.